Tesco is being forced to table a shareholder resolution calling for it to disclose how much unhealthy food it sells and to provide investors with annual updates. A group of institutional and personal shareholders has mobilised to put the resolution to a vote of all investors at the supermarket chain’s annual meeting this summer. SponsoredIt is the first time that a UK-listed company has been hit by a resolution on health grounds, according to ShareAction, which orchestrated the campaign. The resolution calls on Tesco to disclose the share of total food and non-alcoholic drink annual sales by volume made up of healthier products and to develop a strategy to significantly increase that share by 2030. It also requires Britain’s biggest supermarket group to review its

Source: The Times February 10, 2021 00:00 UTC